Seller Payment Methods
WHAT PAYMENT METHODS DO YOU OFFER?
Rebag offers payment in the form of site credit or seller funds.
1. Site credit will be available instantly once payment is processed.
2. Seller funds are deposited into your Rebag wallet 30 business days after your items are processed. You can transfer funds into your bank account by ACH deposit and will be subject to an early cash-out fee of 3% if withdrawn within 15 days of being deposited to the Rebag Wallet. ACH deposits will reflect within one business day. (Please remember that if your order is paid over the weekend, it will reflect on the next business day. All Transactions must be done within business hours).
However, we recommend leaving your funds in your wallet Seller Funds in your digital wallet because they will increase by 1% per month as long as they stay in the wallet for up to 12 months.
If you have yet to receive your payment by the end of the timeframe, please send us an email to contact@rebag.com.
WHAT INFORMATION IS NEEDED FOR ACH ELECTRONIC TRANSFER PAYMENTS?
We need your banking account and electronic routing number for ACH electronic transfers. Please note, Rebag will only issue payments to accounts that match the name of the person completing the order.
HOW LONG DOES IT TAKE TO GET PAID?
Buyout
Once your buyout item(s) are processed and have completed all internal inspections successfully, they will be scheduled for payment. Seller Funds will be deposited into your wallet after 30 business days.
Consignment
Once your item status moves from Pending Sale to Sold, it is scheduled for payment. Seller Funds will be deposited into your wallet within the following 15 business days.